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Last month's agreement brings the official assemblage to three parcels, though it is unclear whether the firm has more tied up in contract. According to The Real Deal report, Macklowe would still need two other buildings on the block and a healthy supply of air rights to boost the size of the building to 1 million square feet. St. Patrick's Cathedral across the street has nearly 1 million square feet of unused development rights to sell, and would be a likely source.
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It's also not out of the question we could end up with some type of cantilever.
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NEW YORK is Back!
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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